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Are you a Shareholder in a Company? Have you ever wondered what would happen to your shares if you suffer from a critical event? Alternatively, have you thought about how you would fund the purchase of another shareholder’s shares if they suffer from a critical event?

The Overseas Investment Amendment Bill has been passed into law by the New Zealand Government. The new law comes into effect on 22 October 2018, and restricts certain overseas people from buying residential land in New Zealand from that date.

As a result of Mycoplasma Bovis, the 2018 dairy calving/mating season has been an unsettling time. This has caused many farmers and sharemilkers to be uncertain about how to protect their farms and livelihood.

The Bright-Line Test, introduced into New Zealand’s tax legislation in October 2015, has been described by a number of commentators as a quasi-Capital Gains Tax on land. The rules were intended to slow speculation by investors and take some heat out of the property market.

Since October 2015 the Bright-Line Test has imposed a new tax on gains made from the sale of residential property. Before you sell your property, particularly an investment property, you should consider the tax consequences of selling.

Are you in business with one or more shareholders? Ever wondered what would happen if the other shareholder wanted to sell their shares, and if they can offer those shares to someone outside the Company?